Category : Search result: electricity revenue


Power generation shrinks by 62% in December 2025

Nigeria's power plants operated at just 38% capacity in December 2025, highlighting deep structural issues. Read the full NERC report analysis and what it means for the service-based tariff.

FAAC Shares N6tr in Q3, Lagos Gets N179bn

Nigeria's FAAC disbursed a record N6 trillion in Q3 2025, with Lagos and oil-producing states receiving huge allocations. NEITI warns of fiscal risks as oil prices soften. Read the full breakdown.

N1.98bn Budgeted for Aso Rock Generator Fuel in 2026

The Presidency plans to spend N1.98 billion on fuelling State House generators this year, mirroring Nigeria's severe power supply crisis. Businesses are shutting down as costs soar. Read the full analysis.

DisCos Record N92.93bn Revenue Gap in October

Nigerian electricity distributors faced a N92.93bn revenue shortfall in October 2025 due to billing and collection inefficiencies. NERC data reveals stark performance gaps among DisCos. Read the full analysis.

Energy Emerges as Decisive Factor in Global AI Race

The global AI race is pivoting from chips to energy. With data centres demanding massive power, reliable electricity is now the key advantage. See how the US, China, and Europe are positioned.

CITN: Sustained Implementation Critical for Tax Reform

CITN President Innocent Ohagwa outlines the pillars for Nigeria's new tax reform success: sustained implementation, capacity building & stakeholder engagement. Learn how the reforms aim to harmonize taxes and boost revenue.

Fire at Katsina Substation Causes Major Power Outage

A fire at the IBB Way injection substation in Katsina has disrupted electricity supply to several areas including GRA and Kofar Kaura. KEDCO's team is assessing damage and working on restoration.

Bayelsa Governor Urges Patience on Power Project

Governor Douye Diri asks Bayelsa residents for understanding as the 60MW independent power project faces delays but is over 90% complete. Target inauguration set for February anniversary.

Ukrainians' 2026 Wish: Peace and End to Power Cuts

As 2025 ends, Ukrainians voice their deepest desires for the new year: an end to the Russian invasion and a restoration of reliable electricity after devastating attacks on the energy grid. Read more.

FIRS Transforms to Nigeria Revenue Service in 2026

Nigeria's FIRS transitions to the Nigeria Revenue Service in January 2026, driven by four new laws. The reform promises streamlined tax processes, stronger oversight, and integrated revenue collection for better public finance management.

Nigeria's Power Grid Collapses, Supply Drops to 50MW

Nigeria's national electricity grid collapsed on Monday, December 29, 2025, causing a nationwide blackout. Only two distribution companies received power. Read for details and restoration updates.

Page 1 of 4